2023-05-23 08:27:22 ET
- ImagineAR ( OTCQB:IPNFF ) has announced a non-brokered private placement financing of up to 13.03M Units, at a price of $.033/Unit for gross proceeds of up to $0.43M .
- Each Unit will be comprised of one common share and one non-transferable common share purchase warrant, with each Warrant entitling the holder to purchase one additional common share at a price of $0.05 for a period of 36 months from the closing of the Offering.
- ImagineAR intends to use the net proceeds from the proposed private placement to enhance its SDK technology, sales, and marketing support, and develop AI integration proof of concept immersive AR activations.
For further details see:
ImagineAR announces private placement financing